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Dollar Surges as FOMC Ends Quantitative Easing

- US Dollar surges across the board as the Federal Reserve ends Quantitative Easing - More importantly, officials struck a relatively positive tone on future monetary policy - The Greenback could continue higher through near-term trading The US Federal Reserve ended its Quantitative Read More →

Trade Setups in EUR/USD, GBP/USD, AUD/USD Ahead of FOMC Meeting

Talking Points: - EURUSD, GBPUSD near bottoming/reversal. - AUDUSD nearing 7-week range high - next stop 0.9150? - Target on US Dollar’s Back this Week with FOMC, GDP Due The US Dollar faces paramount event risk today in the form of the October FOMC Read More →

US Dollar May Rise as Status-Quo FOMC Clashes with Dovish Market Bets

Talking Points: FX Markets to Look Past European News-Flow, Focus on FOMC Outcome US Dollar to Rise if Static Fed Statement Clashes with Dovish Market Views See Economic Releases Directly on Your Charts with the DailyFX News App A quiet economic calendar in European Read More →

Gold At Risk On Hawkish FOMC Tilt, Crude Rebounds Ahead Of Inventories

Talking Points WTI Rebounds From Critical Barrier Ahead Of Inventories Data Gold & Silver Brace For Volatility On Upcoming FOMC Decision Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Crude oil witnessed another volatile session on Tuesday with WTI rebounding by over Read More →

Target on US Dollar’s Back this Week with FOMC, GDP Due

Talking Points: - Durable Goods, Consumer Confidence Tuesday for US Dollar. - Will FOMC knock back buck on inflation concerns? - US growth hummed along in Q3. Volatility has settled this past week, but likely in reverence for the event risk that is coming Read More →

Major Event Risk Ahead for US Dollar – Levels to Watch

Talking Points: - Major event risk ahead for US Dollar - two high risk events today. - USDCAD susceptible, AUDUSD requires patience. - October Forex Seasonality Foretells End of Seasonal USD Weakness The US Dollar has been able to retrace about half of its Read More →